IAM Private Debt Group lends $23 mln to auto parts maker DBG
IAM Private Debt Group has provided a $23 million senior loan to DBG Group Ltd, a Toronto-based designer and manufacturer of parts for the North American heavy truck and auto industry. The funds raised will be used by the company to repay current creditors, finance a cross-border asset purchase, and support working capital requirements. IAM Private Debt Group is affiliated with Canadian alternative asset manager Integrated Asset Management Corp (TSX: IAM).
15 August 2017•2 mins read
